pension

U.S. Attorney General Jeff Sessions on Friday fired FBI Deputy Director Andrew McCabe just hours away from McCabe qualifying for his federal pension. McCabe was set to retire with full benefits from the powerful Federal Bureau of Investigation (FBI) on Sunday. McCabe had already stepped down as deputy director under pressure in January and has … Continued

By Brandon Moseley Alabama Political Reporter On Thursday, November 19, State Representative Lynn Greer (R-Rogersville) said that the Committee that is looking at reforming the retirement system intends to guarantee the benefits that state employees were promised. Representative Greer said in a statement, “During our November meeting, the Pension Committee unanimously passed a resolution that … Continued

  By Bill Britt Alabama Political Reporter MONTGOMERY— During the 2015 Legislative Session, the State Legislature created the Joint Committee on Alabama Public Pensions with the expressed purpose of reforming the State Pension plan.  Republicans have repeatedly expressed a desire to overhaul the Retirement Systems of Alabama (RSA), in an effort to control cost. Ideas … Continued

By Brandon Moseley Alabama Political Reporter The Alabama Senate approved pension reform measures (SB 388) that supporters say will make the state retirement system viable and save taxpayers over $5 billion over the next 30 years. Gov. Bentley in a written statement said, “The measures approved by the Senate today protect the retirements of hard-working … Continued

By Brandon Moseley Alabama Political Reporter Alabama House member Jim Patterson (R) from Meridianville is calling for an outside audit of Retirement Systems of Alabama investment performance. Rep. Patterson said, in an exclusive interview with the Alabama Political Reporter. “We are not getting good information.” Rep. Patterson said that during the last ten years Retirement … Continued